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DCW spurts after stellar Q4 result

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Capital Market
Last Updated : May 26 2015 | 12:01 AM IST

DCW gained 4.83% to Rs 18.45 at 14:09 IST on BSE after net profit jumped 96% to Rs 17.62 crore on 2.3% rise in net sales to Rs 364.08 crore in Q4 March 2015 over Q4 March 2014.

The result was announced on Saturday, 23 May 2015.

Meanwhile, the S&P BSE Sensex was down 273.51 points or 0.98% at 27,683.99

On BSE, so far 4.51 lakh shares were traded in the counter as against average daily volume of 1.75 lakh shares in the past one quarter.

The stock hit a high of Rs 19.40 and a low of Rs 18.40 so far during the day. The stock hit a 52-week high of Rs 31.25 on 10 September 2014. The stock had hit a 52-week low of Rs 14.85 on 16 February 2015.

The stock had underperformed the market over the past one month till 22 May 2015, falling 3.54% compared with Sensex's 0.24% rise. The scrip, however, outperformed the market in past one quarter, rising 0.28% as against Sensex's 4.36% fall.

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The company has an equity capital of Rs 42.70 crore. Face value per share is Rs 2.

DCW is engaged in the manufacture and sale of chemicals.

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First Published: May 25 2015 | 2:18 PM IST

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